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an iver johnson single shot 16 ga would value around 100-125 if pretty clean and original ,,you say it has a pistol grip stock meaning -it's a full stock with a pistol grip or someone has cut it down to a pistol grip??? if it was cut down value would be lower,,the old single shot shotguns were made by many different manufacutures around the turn of the century and most will average around the prices quoted,,these old singles are very common to be found with cracked stocks and usually can be had for 50-100 range in this condition..
most gunshops only offer around 35-50 for singles in good condition..
bigcurt
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